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Oct 2, 2012
10/12
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he said the fed needs to continue lowering borrowing rates while the economy continues to grow slowly, and that its bond-buying strategy will continue. he insisted that five years of low interest rate policies have not increased inflation. the fed plans to hold the interest rate near zero until at least mid- 2015. bernanke also indicated that there is not another recession on the horizon, but the economy still isn't strong enough to add jobs faster than the current rate. in greece, union workers are preparing for more 24-hour strikes and walk-outs this month. workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though inflation is not helping. but it may
he said the fed needs to continue lowering borrowing rates while the economy continues to grow slowly, and that its bond-buying strategy will continue. he insisted that five years of low interest rate policies have not increased inflation. the fed plans to hold the interest rate near zero until at least mid- 2015. bernanke also indicated that there is not another recession on the horizon, but the economy still isn't strong enough to add jobs faster than the current rate. in greece, union...
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times square for a special loose change to see if we're seeing any impact from what's going on in the economy now let's get to today's capital account. all right so as i said at the top of the show the e.u. parliament committee voted unanimously for tighter restrictions on banks trading in this included curbing high frequency trading they voted towards that now add this to a list of countries that have either proposed or an active bans or some kind of provisions regulating more tightly high frequency trading ok germany canada. also australia i believe so where is the u.s. on this list and why is it not on it especially after we've seen the flash crash of two thousand and ten and more recently the knight capital debacle well i'm in new york which means i had a chance to sit down with a real industry veteran oks a commodities and futures industry veteran he was the board member at the new york mercantile exchange and he was president of the ny mex clearinghouse so he really has been intimately involved in monitoring these markets and seen more regulation has faltered he says in the case of high
times square for a special loose change to see if we're seeing any impact from what's going on in the economy now let's get to today's capital account. all right so as i said at the top of the show the e.u. parliament committee voted unanimously for tighter restrictions on banks trading in this included curbing high frequency trading they voted towards that now add this to a list of countries that have either proposed or an active bans or some kind of provisions regulating more tightly high...
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Sep 27, 2012
09/12
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KTVU
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they blame the bad weather and economy. but i know stores are opening in the area. >>> they have a documentary about oakland's hyland hospital. >> oh, my g-d, i was just moved by it. >> what the producers hope you see. >>> it is one of the largest fires in the south bay and how they planned to mark that event. >> get the morning's top stories, you were sent straight to your cell phone. get your morning wake-up call by texting the word wake up to 70123. . >>> welcome back, 5:23, the decades long time, they recently got a source that was buried at a house, the same time they disappeared back in 1975. a radar test confirmed something is buried with a slab underneath that house. later this morning, they have testified as it is set to begin. she is a former san francisco police crime lab tech anything and she is accused of stealing after after today's testimony ends, court will recess and closing arguments are set for monday. >>> a new documentary about hyland hospital is getting oscar buzz. the waiting room premiered last night
they blame the bad weather and economy. but i know stores are opening in the area. >>> they have a documentary about oakland's hyland hospital. >> oh, my g-d, i was just moved by it. >> what the producers hope you see. >>> it is one of the largest fires in the south bay and how they planned to mark that event. >> get the morning's top stories, you were sent straight to your cell phone. get your morning wake-up call by texting the word wake up to 70123. ....
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Sep 27, 2012
09/12
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FBC
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economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not reported. you have to grow the gdp, which is the numerous rate tore, i mean the denominator then you get the debt-to-gdp ratio fall. you need growth and spending cuts. melissa: you think the political will is out there to really riot at some point? >> i think washington, look i think the american people, the vast majority of us, are willing to make these decisions about, what are we going to do about the future of medicare and social security. the one thing we always americans have to grapple with, we don't talk
economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not...
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Oct 1, 2012
10/12
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CNBC
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, alleged stronger economy. everything is in quotes. >> that's right. to me that is why '09 is an analogy for europe because the financial crisis really plateaued in the u.s. in the spring of '09 and the economic data didn't show improvement until the late '09. >> good to have you as always on the program. let's take a look at the markets as we head to break. have you the dow up 150 points, perhaps offer the best levels and nasdaq way off the highs as well and a rare one at that given what mondays have usually meant to the markets over the last several months. up next, live from the value investing congress, the fourth quarter playbook continues live as i fannish from the heart of new york city. will financialing out shine and which pang stocks should you bet on and how big of a threat is china to u.s. stocks? halftime reports comes back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can cus
, alleged stronger economy. everything is in quotes. >> that's right. to me that is why '09 is an analogy for europe because the financial crisis really plateaued in the u.s. in the spring of '09 and the economic data didn't show improvement until the late '09. >> good to have you as always on the program. let's take a look at the markets as we head to break. have you the dow up 150 points, perhaps offer the best levels and nasdaq way off the highs as well and a rare one at that...
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Sep 28, 2012
09/12
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CNBC
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i still think the economy in the u.s. looks better than most people would argue. the up tick in housing may be very helpful to the unemployment situation. so i wouldn't get overly bearish on the economy either, given that sector is finally starting to improve. >> rick santelli, as i mentioned, midday the results of those stress tests on the spanish banks came in not as bad as feared. that took the sheen off the treasury rally we'd had to that point. what are you watching otherwise right now? >> well, it took the sheen off, but we're still a couple basis points down on the day. we're still down a dozen basis points on the week. traders are going to continue to monitor the realities of spain, the realities of whether a bailout will be requested. you know, as carol knows from her book, if 90% of all the entrepreneurs don't succeed, it's not going to help them in the stock markets are up. what will help them is if the fundmentals are up. >> wow, carol, you have a fan of your book. >> we're chicagoans. we stick together. >> where do you stand on europe right now? are w
i still think the economy in the u.s. looks better than most people would argue. the up tick in housing may be very helpful to the unemployment situation. so i wouldn't get overly bearish on the economy either, given that sector is finally starting to improve. >> rick santelli, as i mentioned, midday the results of those stress tests on the spanish banks came in not as bad as feared. that took the sheen off the treasury rally we'd had to that point. what are you watching otherwise right...
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Oct 1, 2012
10/12
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KQED
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there's growing evidence that international sanctions over tehran's nuclear program are damaging the economy. now to the presidential race here in the u.s. and both mitt romney and barack obama are busy swatting up and rehearsing for the first television debate this wednesday. polls show the republican candidate is trailing president obama in the crucial swing states. one of them is of course ohio where early voting gets under way tomorrow. from there our north america editor reports. >> ♪ the boys are back in town ♪ >> the boys are indeed back in town yet again. they call this the buckeye state for the men who are fighting for the white house it's a state to suck up to, whether it's buying the local produce. >> i'm thinking we are going to be eating some corn over the weekend. >> or urging minors to phone a friend. >> want you to find one person to convince to vote for our ticket. >> both candidates are well aware in the last election in the last 44 years ohio has voted for the winning candidate so the politicians woo voters. >> we can create one million new manufacturing jobs in the ne
there's growing evidence that international sanctions over tehran's nuclear program are damaging the economy. now to the presidential race here in the u.s. and both mitt romney and barack obama are busy swatting up and rehearsing for the first television debate this wednesday. polls show the republican candidate is trailing president obama in the crucial swing states. one of them is of course ohio where early voting gets under way tomorrow. from there our north america editor reports. >>...
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Sep 28, 2012
09/12
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but it is facing an unbalanced economy. when the export sector suffers -- perhaps there is a glimmer of light in the u.s. the u.s. is predicted to grow at 2%. that could support japan. but the biggest export partner is china and the real problem is not so much the island dispute, but the quite serious slowdown we're seeing in china. but it's considered it will slow down quite considerably for the foreseeable future. so not a particularly good point. >> you raise a good point, how relaxed you can be when we don't know what will happen over the islands? >> we've had these spats before. island disputes are a fairly natural byproduct of a more as ser difference c assertive china. you have a leadership transition in china, in the u.s., you have a leadership transition in japan of course. my forecast is that once these transitions have taken place, things will come back and business will turn to normal until the next time there's a spate. you but i don't expect this spate to get out of control to any greater extent than we've alr
but it is facing an unbalanced economy. when the export sector suffers -- perhaps there is a glimmer of light in the u.s. the u.s. is predicted to grow at 2%. that could support japan. but the biggest export partner is china and the real problem is not so much the island dispute, but the quite serious slowdown we're seeing in china. but it's considered it will slow down quite considerably for the foreseeable future. so not a particularly good point. >> you raise a good point, how relaxed...
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Oct 3, 2012
10/12
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economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground states. although nationally it's a very close election, he's been hammered in the battleground states. the debates can be a great equalizer for him, but also that increases the pressure on him, whereas i think we are going to see barack obama playing a lot more defense." that was bill allison of the sunlight foundation. at long last, a wall street firm is being sued for fraud in connection with the housing crash. the suit was filed monday by the new york attorney general. the lawsuit holds jp morgan chase responsib
economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground...
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Oct 2, 2012
10/12
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tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback considers whom he should pass the ball to. checking down one receiver after another, find out who's open. who can score. and then hits him while he's uncovered. the best quarterbacks have a list in their heads about who to go to first, second, third, fourth, sometimes even fifth. money managers perform the same check down too. we just don't call it that. you can follow along at action alerts plus, and i do it for this show as i search for ideas that have enough merit to be noted on "mad money." how does it work? okay, today's the beginning of a new quarter but what like to do at the start of the quarter is look at the win
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback...
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Oct 3, 2012
10/12
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KTVU
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between president barack obama and mitt romney will focus on domestic issues with heavy emphasis on the economy something we heard a lot about on the campaign trail. >> what i am most concerned about is having a serious discussing about what we need to restore security for hard working americans. >> do you want four more years with 23 million people struggling to find a job? >> reporter: mitt romney told reporters at a recent campaign stop the debate is not about winning. >> governor romney is the underdog but he will be ready on the issues which is what this is about. >> they are spinning on the incumbent favor saying the debate will challenge the debater. >> they will be held to account for more than what they have been held to account for as far as the facts and details. >> both know every question counts and fumbles can be costly. >> quite a few have lost an election with a debate. >> mean hook happens could decide what happens on neve 6th. live in denver, back to you. >>> our coverage starts at 6:00 and we will be streaming the debate live on ktvu channel 2 morning news mobile and our ipod
between president barack obama and mitt romney will focus on domestic issues with heavy emphasis on the economy something we heard a lot about on the campaign trail. >> what i am most concerned about is having a serious discussing about what we need to restore security for hard working americans. >> do you want four more years with 23 million people struggling to find a job? >> reporter: mitt romney told reporters at a recent campaign stop the debate is not about winning....
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Oct 2, 2012
10/12
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CNBC
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>> the economy is another serious problem. that is another way of talking about the plight of real people out there. after four years of stewardship, i can say that we are not moving in the right direction. we are picking up 100,000 jobs a month. you have to have 180,000 just to keep pace. we are not in a recovery. growth is under 2% while it has been 2.2. that is why we are sitting around after all these years. we have a specific plan. that plan are tax incentives in order to build up this economy and great growth. you can't do anything in this country until you get growth going again. until there are plans in place. talking about a tax reduction so that they can spend more money. so that they are xare competiti with over seas people. >> you heard governor gilmore and in your opening, you basically said okay the economy is not as bad as you think. what i want to hear is what you and president obama would do in a second term. what positives would you put into place? >> we do need a jobs bill. someone said that the recovery bil
>> the economy is another serious problem. that is another way of talking about the plight of real people out there. after four years of stewardship, i can say that we are not moving in the right direction. we are picking up 100,000 jobs a month. you have to have 180,000 just to keep pace. we are not in a recovery. growth is under 2% while it has been 2.2. that is why we are sitting around after all these years. we have a specific plan. that plan are tax incentives in order to build up...
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Sep 26, 2012
09/12
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KTVU
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what they are protesting and its impact on the global economy. >>> now the giants' decision to make about melky cabrera. will he be on the roster for the playoffs? only at denny's. open all night. available in america right now. almost half our nation's employers have open positions they can't find anyone qualified to fill. devry university offers bachelor's and master's degrees that can prepare you for these careers. the ones already here, and the ones just around the corner. get the know how you need for a new tomorrow. learn more at devry.edu. >>> solid fog bank. inland, warm for some. but temperatures are a little bit below average. >>> 7:15. republican presidential candidate, mitt romney claims president obama has not come clean with details about that deadly u.s. embassy attack in libya. >> i think they want to do their very best from keeping the people in america from understanding exactly what happened. >> now, paul ryan also questioned whether the white house officials are on the same page. the administration has called the libya violence a terrorist attack but yesterday presiden
what they are protesting and its impact on the global economy. >>> now the giants' decision to make about melky cabrera. will he be on the roster for the playoffs? only at denny's. open all night. available in america right now. almost half our nation's employers have open positions they can't find anyone qualified to fill. devry university offers bachelor's and master's degrees that can prepare you for these careers. the ones already here, and the ones just around the corner. get the...
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Oct 2, 2012
10/12
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KNTV
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tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jim cramer at tweeter. have a question? send him a tweet or send him an e-mail or give us a call. 1800-743-cnbc. miss something? head to madmoney.cnbc.com. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks tough stains and kills 99.9% of germs. new lysol power & free. powerful cleaning that's family friendly. another step forward in our mission for health. laura's being healthy and chewing her multivitamin. introducing one-a-day vitacraves for women! finally, a great-tasting gummy multivitamin designed... for women with more calcium and vitamin d. it's gummies for grown-ups. new one-a-day vitacraves for women. it's gummies for grown-ups. chances are, you're not made of money, so
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jim cramer at tweeter. have a question? send him a tweet or send him an e-mail or give us a call. 1800-743-cnbc. miss something? head to madmoney.cnbc.com. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the...
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Sep 30, 2012
09/12
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WJLA
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economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there is no agreement because they are losing federal dollars of the federal programs that are going away. we will see more unemployment. the defense companies will have to notify workers in the next couple of weeks. how important is this? >> it is a tempory drag in t the economy. i honestly think of l of the things that will not happen is the chance of getting both unds of spending cuts, including the massive defense cuts is slight. i think it will
economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about...
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Oct 4, 2012
10/12
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KTVU
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. >> reporter: both president obama and mitt romney focused on their plans for the economy, and even had a lengthy debate about keeping obamacare. >> reporter: while the first debate started with a friendly greeting, even a mention of the president's 20th wedding anniversary, mitt romney came out swinging on the economy. >> the president has a view very similar to the view he had when he ran four years ago. that a bigger government, spending more, taxing more, regulating more. >> are we going to double down on the policies that got us into this mess, or do we embrace a new economic patriotism. >> reporter: romney often looked directly at the president who instead addressed most of his responses to the audience, or the moderator. the debate remained sizzled, mitt romney went after the president for green energy, and high profile companies in the bay area. >> you put $90 billion, like 50 years worth of breaks, into solar and wind. i have a friend who say you don't just pick the winners and losers, you pick the losers. >> reporter: the president said his plan doesn't add up. >> i think
. >> reporter: both president obama and mitt romney focused on their plans for the economy, and even had a lengthy debate about keeping obamacare. >> reporter: while the first debate started with a friendly greeting, even a mention of the president's 20th wedding anniversary, mitt romney came out swinging on the economy. >> the president has a view very similar to the view he had when he ran four years ago. that a bigger government, spending more, taxing more, regulating more....
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it also has to do with their perception that the economy's going to grow this morning is the economy stagnated and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie first of all great job out there today you're listening to some great responses from people who had some great conversations so what did you think of that gentlemen's analysis is that does he see it the same way you do as far as the impact of low rates and. yeah basically i agree with them if they work on first the chicken and egg scenario but if you are prudent business manager you don't take on debt without a business case for and that if you do then the manager and you will soon be out of business but what the government what the fed and the government actually put the fed is trying to do is if it is trying to take businesses who rely on. or free money more risk free money to ba
it also has to do with their perception that the economy's going to grow this morning is the economy stagnated and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie first of all great job out there today you're listening to some great responses from...
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Sep 28, 2012
09/12
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KTVU
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paul eggers reports on how the economy is coming into play on the golf course. a gallery of more than 40,000 golf fanatics from across the u.s. and europe will visit medinah country club each of the next three days for golf's premier team event. and they'll pay big bucks for the privilege. "our condo is about $2,000 for the week, our tickets were $700...probably in the vicinity of $3-4,000. the ryder tickets and all gets into about a few thousand dollars real quick." the dollars spent here offer a sharp contrast to tough economic conditions in both regions. in europe, the concern remains the sovereign debt crisis. "right now they need to rethink the way they pay for the public services, healthcare, pension systems, the education system. the money simply is not there any more to support all that." while the u.s. continues to struggle with an unemployment rate above 8%. "we have been suffering in an economy that has not been performing up to standard for a long time, almost more than 5 years at this point." adolfo laurenti of mesirow financial is more optimistic o
paul eggers reports on how the economy is coming into play on the golf course. a gallery of more than 40,000 golf fanatics from across the u.s. and europe will visit medinah country club each of the next three days for golf's premier team event. and they'll pay big bucks for the privilege. "our condo is about $2,000 for the week, our tickets were $700...probably in the vicinity of $3-4,000. the ryder tickets and all gets into about a few thousand dollars real quick." the dollars spent...
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Sep 30, 2012
09/12
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CNBC
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that's deadly for the economy. getting past that, a plan to bring the deficit down gradually, knowing what taxes are going to be over the next decade would be tremendously positive for the u.s. economy. i wish we'd get there sooner rather than later. >> i cannot agree more. it is infuriating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there's no agreement. you know, because they are losing those federal dollars of those federal programs that are going away, we're going to see more unemployment. the defense company will have to notify workers in the next couple of weeks. how important is this? >> well, it is a temporary drag on the economy. i honestly think of all the things that will not happen, starting january 1st, that the chances that we're going to get both rounds of spending cuts agree to last august, including massive defense cuts, i think is pretty slight. i think it will be rectified the next few months. it's terrible we have to put these businesse
that's deadly for the economy. getting past that, a plan to bring the deficit down gradually, knowing what taxes are going to be over the next decade would be tremendously positive for the u.s. economy. i wish we'd get there sooner rather than later. >> i cannot agree more. it is infuriating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there's no agreement. you know, because they are losing those federal dollars of those federal...
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with twenty five percent unemployment there's this huge you know black market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got the banks at one side demanding their bailouts the people demanding their bailouts and at some point it's all going to give the actually less we are going to get is i can say with you and i think it's really interesting is that you know the people on the ground unemployed people see all the banks bailed out the financial sector bailed out politicians protected i mean i know it's very popular but people say now how about me but bail me out and i know i know that's nonsensical on many ways but i can understand how people feel that way. yeah and again i think that's why at least in spain they've got t
with twenty five percent unemployment there's this huge you know black market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got...
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Sep 28, 2012
09/12
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economy is weak. there's a pretty good drop on the opening. the dow is up 70 points. also this morning, starbucks announced its name will be on a store in india next month. it will be a 50/50 venture. the store will be in an upscale neighborhood in mumbai. it plans to have 50 outlets before the end of the year. >> ta ta. >>> 5:20. if you will be in san francisco this evening, watch out for the bikes. it's a special critical mass event. how you commute will be affected. >> and leaving the suburbs behind for a spot downtown. the reason more people are actually moving to the center of cities. >> make sure you get ktvu news to the ktvu app. it's free. click on the live icon. you can watch the news live on your smart phone. be connected anytime, anywhere. blah, blah, blah. if i had a sleepover, i couldn't just move the tv into the playroom. no, we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver. only from
economy is weak. there's a pretty good drop on the opening. the dow is up 70 points. also this morning, starbucks announced its name will be on a store in india next month. it will be a 50/50 venture. the store will be in an upscale neighborhood in mumbai. it plans to have 50 outlets before the end of the year. >> ta ta. >>> 5:20. if you will be in san francisco this evening, watch out for the bikes. it's a special critical mass event. how you commute will be affected. >>...
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Oct 1, 2012
10/12
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tonight, cramer is talking to the ceo to get a real read on the economy. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> it is time, it's time for the lightning round. and then the lightning round is over. are you ready? time for the lightning round. yolanda in new york. >> caller: hi, cramer. how are you? >> great. >> caller: my husband and i watch you all the time and we think you're great. >> thank you. >> caller: we have co
tonight, cramer is talking to the ceo to get a real read on the economy. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal...
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Sep 26, 2012
09/12
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FBC
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their economy is hurting. the only thing that would help greece right now is if everybody showed up to tour the acropolis. so you don't want to tax everybody who might be coming to do just that. where am i going wrong with that? >> you're not. right now it is remarkable, airline tickets are the most heavily taxed consumer products out there. they pay 20% of every ticket is in the form of taxes. that is more than alcohol, tobacco and firearms which are things we're trying to, which are things that have sin taxes. so a definite loser for consumers. melissa: right. sean kennedy thanks so much for coming on. keep us updated on the european stupidity. >> thanks, melissa. melissa: visitors to the big apple take note, don't ever miss with a new yorker's taxi. details on the faux pas that caused this cab braille on a city street, coming up next. i kind of had this fight before myself but didn't get that violent. you can never have too much money or too many cabs. ♪ . melissa: we have the "a-team." we are joined by m
their economy is hurting. the only thing that would help greece right now is if everybody showed up to tour the acropolis. so you don't want to tax everybody who might be coming to do just that. where am i going wrong with that? >> you're not. right now it is remarkable, airline tickets are the most heavily taxed consumer products out there. they pay 20% of every ticket is in the form of taxes. that is more than alcohol, tobacco and firearms which are things we're trying to, which are...
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Oct 2, 2012
10/12
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economy, this holiday shopping season a key gauge on whether this sluggish economy can shift into a somewhat higher gear. new numbers out today from the world's largest retail trade association, the nrf, says u.s. retail sales should rise 4.1% this holiday season. pretty merry. don't get too excited. that is actually slower than the growth the past two years. so, why the slow down in the nrf says the biggest things holding consumers back is uncertainty over the economy and whether congress can strike what deal and avoid the so-called fiscal cliff. >>> one major retailer hoping for a merry holiday season is jc penney. ceo ron johnson continues to outline his plans for the struggling chain store. the stock down 30%. johnson speaking on the record and excuse swivel our courtney real been the state of his business. courtney? >> hi, tyler, good afternoon. jc penney ceo ron johnson has just begun speaking. the toirng the rocky road to reinventing retape. spoke with johnson exclusively before he took the stage at the event. now, 700 of the total 1100 jc penney stores are being outfitted with shops.
economy, this holiday shopping season a key gauge on whether this sluggish economy can shift into a somewhat higher gear. new numbers out today from the world's largest retail trade association, the nrf, says u.s. retail sales should rise 4.1% this holiday season. pretty merry. don't get too excited. that is actually slower than the growth the past two years. so, why the slow down in the nrf says the biggest things holding consumers back is uncertainty over the economy and whether congress can...
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Sep 27, 2012
09/12
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MSNBC
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went down again last summer along with the economy. but particularly these lastix months, income growth has bee strong. if y tal the polal nt they will tell you that the trend is important as level. people have been feeling they have more money in their pocketbooks than before. >> first of all, a sharp decline which tells you why things were so bad politically for president obama,or everyone else. andhen turpwar is sharp as well. >> yeah. i think we want to put a caveat on all of this, as you said, there's a lot of sluggish economic indicates, unemployment, gdp,o on. again, i think the pception of a lot of people is the trend is what is impot, as much as anyt, d th ts tyood. he one that is important to individuals, house prices. we had a massive slide in house prices going back to well before president obama was put in office. and we had a few upward bump as long the way. but just this year, and this may d vrpuprd bumph here, we' the largest rise in house prices year over year in two years, 5.6% so far this year. i think a growing sens
went down again last summer along with the economy. but particularly these lastix months, income growth has bee strong. if y tal the polal nt they will tell you that the trend is important as level. people have been feeling they have more money in their pocketbooks than before. >> first of all, a sharp decline which tells you why things were so bad politically for president obama,or everyone else. andhen turpwar is sharp as well. >> yeah. i think we want to put a caveat on all of...
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economy and if so do we all need to care about something like the i phone five launch or how something like the i phone's new features compare to competitors well if so here's a quick glance at your some it goes from here to here. just bigger screen goes from here. this is going to big screen this was a big one and we can share because it's silly to watch a video while you're sending an e-mail or you know for sure maybe not this time but the next. i was again comparing to samsung which ridiculed apple in that last ad and that companies have been going back and forth with litigation and kind of patent war but samsung is not the only one who has become more bearish on apple in fact entrepreneurial investor an analyst reggie middleton who mailed facebook by the way he did so on this show has been raising concerns about apple he is back back to tell us if he thinks apple's next big development will be what he calls i bubble or i pop event so first reggie middleton welcome back to the show thank you so much for being on today you're welcome to be that great we always love to have you and yo
economy and if so do we all need to care about something like the i phone five launch or how something like the i phone's new features compare to competitors well if so here's a quick glance at your some it goes from here to here. just bigger screen goes from here. this is going to big screen this was a big one and we can share because it's silly to watch a video while you're sending an e-mail or you know for sure maybe not this time but the next. i was again comparing to samsung which...
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Oct 3, 2012
10/12
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CNBC
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i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the export economy. you're saying that it's in trouble, it's broken. >> i'm not saying it's broken. i'm saying there's a transition going on towards consumption exporting to europe and real estate are no longer going to be their drivers nap will probably create more volatility than we've had in the past. >> how easy is it to expect this transition? you're buying in the consumer space. >> yes, and you have the transition of the government. one of the other big messages we picked up over there, particularly in i understondia, emerging market central banks, they're very concerned about what the traditional bank
i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines kaiser report on. the news a secret laboratory to mccurdy was able to build the world's most sophisticated raw . which one does it do the doing about anything to mission to teach religion and why you should care about humans. this is why you should want your only on the altar you don't. welcome back so on any given day oil seems to me moves enough to be news worthy and today is no exception we saw oil go up the most it has in eight weeks and this is after it had been falling now these are often attributed these moves to macro economic factors to supply demand conflict concerns expectations of stimulus in an economy for example china which is what the headline reads today but let's look back at another headline let's just go to two thousand and seven it's just easy to pull up take a look at this ok this is just a few years ago or oil prices tumble briefly trading below fifty dollars a barrel so five years ago we had fifty dollars a barrel oil what has cha
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines kaiser report on. the news a secret laboratory to mccurdy was able to build the world's most sophisticated raw . which one does it do the doing about anything to mission to teach religion and why you should care about humans. this is why you should want your only on the altar you don't. welcome back so on any given day oil seems to me moves enough to be news...
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Sep 30, 2012
09/12
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iowa economy. we have done very well here. i have said one of the early people supporting the economy and that has added more dollars per acre. the value of that bag products is $24 billion. at land was $64 billion. now it's over $200 billion. we traded a tremendous amount of wealth. let's keep it up and keep taxes low and predictable and have less government regulation and intrusion in our lives. [applause] >> you have 30 seconds to respond. >> there has been a lot of gridlock in congress and as a result we have not been able to get much done. my energy policy involves making sure [inaudible] short term, long term, medium- term growth for energy. i just want to make sure everybody knows i will be a consistent champion for wind and virtual field in this district and congressman king has not been. [applause] >> congressman king, your response? >> i happen to be the american went it industry champion designated by the wind energy association. [applause] by the renewable fuels industry across the boar
iowa economy. we have done very well here. i have said one of the early people supporting the economy and that has added more dollars per acre. the value of that bag products is $24 billion. at land was $64 billion. now it's over $200 billion. we traded a tremendous amount of wealth. let's keep it up and keep taxes low and predictable and have less government regulation and intrusion in our lives. [applause] >> you have 30 seconds to respond. >> there has been a lot of gridlock in...
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global economy. to. play. welcome back to crossfire and people will remind you we're talking about the politics of austerity. and now we're joined by our garland in st louis he's a strategic trend analyst and author of future incorporated how businesses can in tissue paper and profit from what's next all right eric thank you for joining us from st louis what about the politics of austerity because it seems to me it's turned into an ideology it's a new religion as i said in the first part of the program no one really cares if the patient if i can use that medical term survives this ideology this methodology go ahead. it's funny you know that whole term austerity is not one i like very much because it has all these punitive connotations as opposed to what it really means which is that we need fiscal policies that make sense and by making sense you can't spend more than you take in for very long everybody with common sense knows this and all we're saying is that our current systems that are very large and more co
global economy. to. play. welcome back to crossfire and people will remind you we're talking about the politics of austerity. and now we're joined by our garland in st louis he's a strategic trend analyst and author of future incorporated how businesses can in tissue paper and profit from what's next all right eric thank you for joining us from st louis what about the politics of austerity because it seems to me it's turned into an ideology it's a new religion as i said in the first part of the...
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Sep 27, 2012
09/12
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. >> there are so many hurting and i want to help them, i know what it takes to get an economy going... >> the latest daily tracking poll now shows obama up 6 points over mitt romney nationwide. reporting live, allison burns ktvu channel 2 morning news. >>> an 11-year-old boy shot in his bed in oakland is now back home. there he is, he had five surgeries while he was there. his home was sprayed with bullets last thursday at about with 1:00 a.m. he said he was happy to be out of the hospital but he was afraid to be back home. >> i want to thank the teachers and principal who came to visit me and gave me presents. >> they don't know why his home was targeted and so far no arrests have been made. >>> they have been arrested in connection with a domestic violence incident. he was arrested tuesday morning. he has been on the force for six years and is currently on administrative leave and so far no charges have been filed in that case. so far soldiers will be taking part in a suicide prevention training. it is meant to educate troops as the military struggles to help soldiers who are tryin
. >> there are so many hurting and i want to help them, i know what it takes to get an economy going... >> the latest daily tracking poll now shows obama up 6 points over mitt romney nationwide. reporting live, allison burns ktvu channel 2 morning news. >>> an 11-year-old boy shot in his bed in oakland is now back home. there he is, he had five surgeries while he was there. his home was sprayed with bullets last thursday at about with 1:00 a.m. he said he was happy to be...
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Sep 30, 2012
09/12
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we, the majority are really getting schooled in the economy. the way to fix it, to reverse that, to offset is use the political system to get that result. in the political system, we can rearrange so what was lost in the economics is indicated more and more unequal is recouped by using politics. where the majority votes, where the majority rules is a perfectly logical way of thinking. and this has occurred to the rich as well. and to the corporations as well. so the more the system produces inequality, the more urgent it becomes for those benefiting from the inequality capitalism producers to control the politics because the alternative would be good. they're not going to do that. they're not going to allow the political system to function undoes what they have achieved in their mind in the economic system. they're not going to do that. see you can watch as america becomes more and more unequal, then it becomes necessary for politics to become more and more dependent on the money, dependent on the corporations to provide contributions to the ec
we, the majority are really getting schooled in the economy. the way to fix it, to reverse that, to offset is use the political system to get that result. in the political system, we can rearrange so what was lost in the economics is indicated more and more unequal is recouped by using politics. where the majority votes, where the majority rules is a perfectly logical way of thinking. and this has occurred to the rich as well. and to the corporations as well. so the more the system produces...
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Sep 28, 2012
09/12
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KRCB
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they site sluggish growth due to a deteriorating economy than many analysts had expected. let's get a check on the market. prices rose in new york overnight as they cheered spain's effort to fix troubled finances. we got some economic data and what can you tell us about that? >> before i talk about the stock market let me dpgive you the headline figures. the industrial out put fell 1.3%. that's the second straight month of decline and it is worse than whattagists had expected. second of all we also had some inflation numbers. consumer price index fell 0.3% compared with the same month last year and that's the fourth straight month of decline underscoring japan's deflationary trends eaking of e ock market trading let's check where the nikkei average is. it's up about.2%. analysts are saying that china will continue to be a key factor in tokyo. on thursday the nikkei average fell but reversed to positive territory as investors saw a shanghai stock surge. we also need to keep a close eye on china. shares given the ongoing political tension between japan and china. overnight g
they site sluggish growth due to a deteriorating economy than many analysts had expected. let's get a check on the market. prices rose in new york overnight as they cheered spain's effort to fix troubled finances. we got some economic data and what can you tell us about that? >> before i talk about the stock market let me dpgive you the headline figures. the industrial out put fell 1.3%. that's the second straight month of decline and it is worse than whattagists had expected. second of...
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Sep 27, 2012
09/12
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on wall street today the numbers on home sales combined with europe's economy put a damper on stocks. the dow is down 44 to 13,413. the nasdaq is down 24 at 3,093. the s&p is down 8 to 1,433. >>> research in motion announced yesterday its number of subscribers gone up, that surprised analyst whose expected the number to go down. they closed at $7 a share. a gain of 40 cents. >>> i just want justice for the family. >> finally getting justice. the change of heart today in court by the teen accused of fatally hitting a father and his daughter. >> a cooler today across parts of the bay area. coming up, the temperature change you will notice tomorrow and how the forecast and fog will be for the morning commute. . >>> a 17-year-old driver admitted he is guilty and sorry for hitting and killing a father and daughter who were riding their bikes earlier this year. ktvu's eric rasmussen tells us what happened in court and what the teen wanted to do since the accident happened. >> i just want justice for us. >> reporter: outside court this woman said she is finally starting to get justice. six m
on wall street today the numbers on home sales combined with europe's economy put a damper on stocks. the dow is down 44 to 13,413. the nasdaq is down 24 at 3,093. the s&p is down 8 to 1,433. >>> research in motion announced yesterday its number of subscribers gone up, that surprised analyst whose expected the number to go down. they closed at $7 a share. a gain of 40 cents. >>> i just want justice for the family. >> finally getting justice. the change of heart today...
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Sep 27, 2012
09/12
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we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let me be very clear. in nebraska and all across america, i just chaired the national governor's association this past year. americans do not want the federal government to bail out states that have failed, that have failed to adopt a balanced budget, that they continue to raise taxes. that's not what we want as americans. we want states to control their spending, create more jobs. so i certainly don't think the federal government ought to bail out a state like illinois or california if they can't do it themselves. >> governor, it's been
we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let...
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Sep 30, 2012
09/12
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we have a stagnant economy. what it means is that if you make a contract two years from now for a fixed amount, the value will be the same as it is today. when you make an investment, when you value that investment, it is the future stream of income. well come you don't know what the dollar will be worth. $120, less investment, the economy is stagnating. just as it was in the 1970s. again, government creates the environment. stable money. don't go on the spending ventures and run the economy. >> host: steve forbes, you have been preaching this message for many years. why are we still talking about this? >> that's a good question. we asked that question in the book after the terrible decade of the 1970s. we had milton friedman come along. a huge bestseller and series on television. while reagan comes in and makes remarkable reforms and america blossoms again. why are we going backwards. this is something not understood, and that is free markets are not inherently unstable. every major economic crisis has its orig
we have a stagnant economy. what it means is that if you make a contract two years from now for a fixed amount, the value will be the same as it is today. when you make an investment, when you value that investment, it is the future stream of income. well come you don't know what the dollar will be worth. $120, less investment, the economy is stagnating. just as it was in the 1970s. again, government creates the environment. stable money. don't go on the spending ventures and run the economy....
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Sep 27, 2012
09/12
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FOXNEWS
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economy faces the fiscal cliff. that is in tax hikes and government spending cut to do you to take affect in the new year. >> i want to grow and invest in the community and holding things back just because of the uncertainty. >> a survey by the manufacturers and independent business revealed 55 percent say federal regulations and taxes and government spending and cost of health insurance hurt the economy and their businesses and 2-thirds say there is too much uncertainty. >> small businesses are on the sidelines and clearly not inclined to invest now at least until they see what will happen between now and the end of the year. >> experts say it is risk and reward and business owners will not gamble their money when they have no idea what the government might impose. >> if we don't maintain the current tax rate or reform, they will have to pull back. it hurts their budget that means they stop hiring. >> peeker john boehner noticed they passed a bill for sequestration and allow time to work on comprehensive tax reform
economy faces the fiscal cliff. that is in tax hikes and government spending cut to do you to take affect in the new year. >> i want to grow and invest in the community and holding things back just because of the uncertainty. >> a survey by the manufacturers and independent business revealed 55 percent say federal regulations and taxes and government spending and cost of health insurance hurt the economy and their businesses and 2-thirds say there is too much uncertainty. >>...
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Oct 1, 2012
10/12
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KTVU
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being carefully watched to see what smart phones they use and they are playing a large role in the economy of taiwan. that is because of the minister stirred up some controversy when he posted a photo of his phone. many components are made by fox.com which is usually a taiwan company. >>> a fire in japan is affecting shoppers right here in the u.s. why parents of babies and small children, they will be affected the most. >>> and the all night, boom, boom, boom, a mountain of complaining for those who heard and felt it miles away. >> download the ktvu channel 2 morning news app free, you can watch all of our newscasts live on our smart phone so be connected any time anywhere. ♪ [ male announcer ] the first look...is only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. erika derry: and the fact that cacalifornia isn't making it a priority frustrates me. dan hurd: i'm ashamed of that, and i don't want this to continue for my daughter. brenda kealing: prop 38 is going
being carefully watched to see what smart phones they use and they are playing a large role in the economy of taiwan. that is because of the minister stirred up some controversy when he posted a photo of his phone. many components are made by fox.com which is usually a taiwan company. >>> a fire in japan is affecting shoppers right here in the u.s. why parents of babies and small children, they will be affected the most. >>> and the all night, boom, boom, boom, a mountain of...